Inflation gauge from TD Securities Australia fell in July

Market news

1 August 2016

Inflation gauge from TD Securities Australia fell in July

Inflation expectations fell by 0.3% after rising 0.6% in June. In annual terms, inflation rose by 1.0%, lower than the previous value of 1.5%.

Information from the TD Securities inflation published by the Faculty of Economics and Commerce at the University of Melbourne estimates the level of inflation in the Australian economy. Overall, the decline is a negative factor for the Australian dollar.

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